OFF MARKET

385 Fairbank Road
Arawata VIC 3951

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 176m2
Land area: 228648m2
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Property Details for 385 Fairbank Rd, Arawata

Building Type
Rural
Year Built
1910
Floor Size
176m2
Land Size
228648m2
Local Government
South Gippsland
Lot/Plan
2/LP215301

Last Listing description (December 2024)

Nestled among the rolling hills of South Gippsland, this stunning entry-level lifestyle property spans approximately 56 acres, offering you the perfect blend of rural charm and modern convenience.
Property Features:
Fully Renovated Weatherboard Farm Cottage: Recently updated with meticulous attention to detail, this home boasts new plumbing, wiring, stumping, insulation, double-glazed windows. The characterful bullnose veranda invites you to relax and enjoy the scenic surroundings.

Spacious Interiors: Enter through a welcoming hallway leading to three large bedrooms, plus a versatile fourth room ideal for an office, additional bedroom, or kids' playroom. All rooms feature ceiling fans for comfort year-round.
Modern Kitchen and Dining: The heart of the home includes a generous kitchen with laminate benchtops, a dishwasher, and a stainless steel 900mm electric stove. A large butler's pantry provides extra storage, while the adjoining kitchen/meals area features a cozy wood fire.
Comfortable Living Spaces: The dining area flows into a bright lounge equipped with reverse cycle air-conditioning and additional ceiling fans, ensuring year-round comfort.
Scenic Outdoor Living: Step outside to an elevated north-facing undercover verandah, offering breathtaking rural views and the perfect spot for alfresco dining or morning coffees.
Land and Facilities:
Ample Infrastructure: A two-bay open machinery shed is perfect for storing your tractor and motorbike, while a new 175,000-litre water tank and additional concrete water storage ensure ample supply.
Fenced and Functional: The property features stock-proof fencing, one larger paddock with the ability to split during the year for hay production, and two smaller horse paddocks near the house both with additional animal shelters, alongside good stockyards with a loading ramp and excellent crush.
Natural Features: With a mix of steep topography and four dams, the land offers unique landscapes, ideal for livestock or equestrian pursuits.
Convenient Location: Enjoy bitumen road frontage and proximity to the township of Korumburra, just 15 minutes away for all your essentials. Melbourne's CBD is under two hours, providing the ideal balance of rural living and urban access.
If you're ready to embrace an affordable lifestyle on a beautifully renovated property, this is your chance to create a family haven in the heart of the country.

Property History for 385 Fairbank Rd, Arawata, VIC 3951

A timeline of how this property has performed in the market
Last Sold
$540,000
13 Feb 2018
  • 30 Oct 2024
    Listed for Sale $1,100,000
  • 13 Feb 2018
    Sold for $540,000
  • 22 Dec 2016
    Listed for Sale NEW PRICE $555,000

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About Arawata 3951

The size of Arawata is approximately 22.4 square kilometres. The population of Arawata in 2011 was 305 people. By 2016 the population was 74 showing a population decline of 75.7% in the area during that time. The predominant age group in Arawata is 50-59 years. Households in Arawata are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Arawata work in a managers occupation. In 2011, 94.5% of the homes in Arawata were owner-occupied compared with 92.3% in 2016..

Arawata has 72 properties. Over the last 5 years, Houses in Arawata have seen a 94.03% increase in median value. As at 30 November 2024:

  • The median value for Houses in Arawata is $1,081,764.
There are currently no properties listed for sale, and no properties listed for rent in Arawata on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Arawata.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.